Health and fitness are the real wealth and give your dull body a new lifeline!
People love going gym to make them look healthy and young. These days fitness industry is one of the leading gym business franchises. With the advent of era, fitness franchises have gained importance due to the high demand for fitness.
According to recently reported stats on Statista, the revenue generated by the health club of European countries was about 5.6 billion dollars. While on the other hand, revenue generated by the US was 5.5 billion dollars. Moreover, the market size of gyms, health, and fitness club was estimated to reach 33.25 billion US dollars in 2021.
People admire being healthy and smart in Europe. So, there are many fitness franchise opportunities for business-minded individuals who want to start a fitness franchise in Europe and let people live by staying active and fit.
The global marketplace of fitness franchises is constantly growing. Due to the increase in the world's population, the need for the fitness industry is also flourishing. The global health industry generated about 87.2 billion dollars having more than 2 lac health club facilities. The trends forecast that the US market for fitness business will grow as more startups and entrepreneurs look for opportunities.
Moreover, from 2018 onwards, gym and fitness franchises have benefited from a wide range of public sector health initiatives over the last five years. The revenue produced by the health club industry in the United States is about 14.63 billion USD.
During a survey in 2021, the general public's opinion on going to the gym during a pandemic observed that nearly 45% of the respondents agreed to go back to the gym after the pandemic. Similarly, a few people also stated that it would take about 5 to 6 months to join health clubs again after the Quarantine crisis.
Many people went into depression and dullness during a pandemic. Then their interest shifted towards fitness companies remotely. The increasing need for fitness franchises worldwide also created many gym franchise opportunities for potential buyers.
The total number of fitness franchises in Europe is nearly about 57000. The estimated number of fitness club members in Europe is about 59.67 million. They focus on everything from physical activity and then support participation. One can also join online fitness apps and health clubs. The fitness aspirants also searched for keywords such as resistance bands and exercise bikes to stay healthy during the pandemic.
Moreover, while looking for fitness business in Europe, Italy comes at number 2 for having the second most clubs behind Germany. Even the online fitness companies benefited from the pandemic as they generated revenue of about 538 million US dollars.
On the other hand, while discussing the location in Europe where people mostly love to exercise is outdoor areas such as parks. At the same time, about 50% of them prefer to exercise in their home's comfort. But people who don't have access to their fitness equipment at home work out in the fitness gym.
The people of Europe who enjoy going gym are engaged in rigorous physical activity. Males are relatively high in activities such as lifting weights, digging, aerobics, and fast cycling. The average duration of these activities is kept 30 to 45 minutes for people living in Europe.
Some of the top fitness companies are Anytime Fitness, Orange theory fitness, Planet Fitness, Crunch Fitness, The Bar Method, and the UFC gym. They are famous worldwide because of their timely and excellent fitness training services. You can choose which fitness franchise chooses your gym needs and is affordable for you. Business people from all over the globe enjoy investing in new fitness startups. Investing your money into fitness franchises could be the most sensible decision, as it will earn incredible profit margins in the coming years.
Due to the high demand of being healthy and active among Europeans, starting your gym franchise in Europe is ideal. We help your fitness business succeed and bring fitness franchise opportunities for people whose bread and butter are in the fitness industry. Keep an eye on the trends in the fitness industry to stay on the safe side.